US seating specialist ERDA has bought the seating division of diversified engineering group Derlan Industries of Santa Ana, California.
The deal is the latest in a series of divestments by Derlan which has been working with banking advisors on ways to maximise shareholder value.
Terms of the transaction are not being released, but ERDA chief executive David Brandt says the full line of Derlan's products will be continued and its Derlan Toslington brand will be revived. Manufacturing, however, will move from Santa Ana to ERDA's Peshtigo, Wisconsin plant. Both companies specialise in seats for corporate aircraft but ERDA has recently been doing business on the Boeing Business Jet and Fairchild Dornier 328JET.
Source: Flight Daily News